Banks

Japan’s largest taxi-hailing app operator opened 21.25% above its offer price on the Tokyo Stock Exchange, with Nomura, Goldman Sachs and BofA Securities acting as joint global coordinators.

The long-serving Societe Generale executive has most recently led the French bank’s global markets business in Japan, and will succeed Bruno Gaussorgues, who is taking on a group head role at the bank.

The 21-member group will advise on expanding bond tokenisation beyond a series of government pilots, as Hong Kong accelerates its digital financial development.

Dr. Wenbin Wang, chairman of ICBC International, discusses three fundamental structural drivers helping drive the stock market's recent revival, including attracting innovative Chinese firms and the rise of dual listings.

A new International Energy Agency report, unveiled at GenZero Climate Summit 2026, says transition credits could accelerate Asia’s coal phase-down, but only if backed by stronger policy, power planning and market integrity.

The banking group has large back-office centres in India, China, Malaysia and Poland; over 7,800 such roles could be impacted. The bank has also increased its profit targets for 2030 and confirmed group CFO and COO appointments.

The Hong Kong-based banker has most recently been head of Morgan Stanley's Apac debt syndicate.

The Asian Development Bank has unveiled a landmark $70bn investment drive to transform regional connectivity by 2035, by integrating cross-border power grids and build an 'Apac Digital Highway' to bridge the energy and technology divide for millions.

SMBC, ING and Standard Chartered have helped provide the $300m financing for the project in Luzon, which will support the country's energy transition.